New OPEC+ deal shows Saudis’ oil-market grip continues to slip
While OPEC and Russia-led non-OPEC members agreed to cut oil production last week by 1.2 million bpd, Riyadh’s ability to control the cartel and global oil prices is waning.
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Rebecca Anne Proctor is an independent journalist, editor, author, and broadcaster based in Dubai and Rome, from where she covers the Middle East and North Africa. She is the former editor-in-chief of Harper’s Bazaar Art and Harper’s Bazaar Interiors.
While OPEC and Russia-led non-OPEC members agreed to cut oil production last week by 1.2 million bpd, Riyadh’s ability to control the cartel and global oil prices is waning.
China’s footprint in the Middle East has grown significantly over the past two decades. China’s widening and deepening relations with the region has coincided with a change in the international environment. China’s increasingly extensive diplomatic, commercial and cultural activities in the Middle East has drawn this distant and unfamiliar country into the daily lives of the people of the region to a degree that is unprecedented and likely irreversible. This, then, begs the question: What views do the people of the Middle East hold regarding this rising global power and relative “newcomer” to the region? Drawing on Zogby/University of Maryland and Pew Research Center survey data, this article offers some preliminary observations that address this question.
While Tunisia remains geographically and politically distant from Saudi Arabia, its economic troubles may offer an opportunity for the kingdom to leverage fiscal aid to secure stronger bilateral ties.
In this week’s Monday Briefing, MEI experts discuss recent and upcoming events including the coming changes in Trump’s administration, Iran’s hesitation in the US-China battle over Huawei , the ongoing Sweden talks on Yemen, results of the latest GCC summit, and questions over the legitimacy of the Afghan elections.
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The estimated 650,000-700,000 Indian migrant workers in Qatar constitute the latter’s largest expatriate community and nearly double the number of native Qataris. Their positive contribution to the progress and development of their host country is well recognized. In recent years, however, Qatar’s handling of the rights and protections of migrant workers, a large portion of whom are unskilled Indian laborers employed in the construction sector in preparation for hosting the 2022 FIFA World Cup has received a great deal of international media scrutiny and criticism. This article discusses the strides that Qatar has made in addressing these concerns and the steps India could undertake to spur further progress in ensuring that its migrant workers’ rights are protected.
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Held on Nov. 27-28, the two-day Geneva conference on Afghanistan voiced both challenges and prospects for Afghanistan’s economic and political stability.